Sometimes Insurance planning will fail. People do take life insurance and health insurance etc to protect themselves from financial loss due to unexpected death or health issues etc. For this, they do Insurance Planning. Insurance planning also part of Financial Planning. Therefore, I have added this article in Financial Planning category. But sometimes this Insurance planning will fail. Recently I had a discussion with a Government Employee. He is working in Andhra Pradesh State Government. They have mandatory Department Life Insurance called APGLI. In the conversation, he said that If Life Insurance Policy of Lic or any private Life Insurance …